Automotive industry in Thailand
Auto industry Thailand / From Wikipedia, the free encyclopedia
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As of 2019[update], the automotive industry in Thailand is the largest in Southeast Asia[1] and the 10th largest in the world.[2][3][4] The Thai industry has an annual output of more than two million vehicles (passenger cars and pickup trucks), more than countries such as Belgium, Canada, the United Kingdom, Italy, Czech Republic and Turkey.[4]
Most of the vehicles built in Thailand are developed and licensed by foreign producers, mainly Japanese, American and Chinese but with several other brands as well for CKD production, notably BMW and Mercedes. The Thai car industry takes advantage of the ASEAN Free Trade Area (AFTA) to find a market for many of its products. Thailand is one of the world's biggest markets for pickup trucks with over 50 percent market share for one-ton trucks.[5]